EPY: How to Correct KY Unemployment Tax Report(Tax810ky.sqr) for 2021 Processed With Incorrect Rates?
(Doc ID 2781892.1)
Last updated on JUNE 08, 2021
Applies to:
PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and laterInformation in this document applies to any platform.
Goal
On March 26, 2021 Kentucky suspended the taxable wage base increase to $11,100 and froze the rate at the 2020 level of $10,800. In addition the rate percentage was changed back to the 2020 level of .4% after the initial rate of 1.05% for 2021.
How to correct the unemployment tax reporting for payroll runs that have already been processed at the or $11,100 and 1.05% rates?
Solution
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